Murphy USA (MUSA) Posts Q1 EPS of $2.08

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Jefferies Raises Price Target Following Murphy USA's (MUSA) Strong 1Q Results

May 10, 2016 8:24 AM EDT

Jefferies reiterated a Buy rating on Murphy USA (NYSE: MUSA), and raised the price target to $76.00 (from $74.00), following the company's 1Q earnings report. MUSA posted an adjusted EPS of $0.72, ahead of the consensus estimate of $0.52. The beat is attributed to solid fuel volumes, robust merchandise sales,... More